What is business commerce?

The words "business" and "commerce" are both nouns and are rather synonymous. Look up the meanings and synonyms here, and see what you think.

http://www.dictionary.com
http://www.thesaurus.com

Business and commerce are pretty much the same thing. They both are "trade". They trade goods and services. Check this site.

http://en.wikipedia.org/wiki/Commerce

ok I am still a little confused.... This is the original question....

Many businesses now have a Twitter account, MySpace account, or another social media tool they use to attract and maintain business. What value do social media offer for professional use? How has your commercial behavior been affected by social media? As a class, brainstorm some ideas on how social media has affected commerce.

I don't see "business commerce" used anywhere in that series of questions. What don't you understand about this?

I guess my confusion is how social media affects commerce. Are they asking how it helps or hurts????

I think businesses use social media to draw in more customers.

I would say that social media help a company to reach many people, easily and cheaper when they have a page on a social media site... Am I goin in the right direction?

Ms. Sue is right. Businesses are becoming quite creative in using social media as part of their advertising programs.

Here are some examples:

http://twitter.com/bluewaveexpress
(If you "follow" this company, their ads will show up in your Twitter feed.)

http://www.facebook.com/TJMaxx
(If you click on Like at the top of the screen, their ads will show up on your own Facebook page, if you have one.)

Business commerce refers to the activity of buying and selling goods or services for profit within the context of a business. It involves various transactions and processes involved in the exchange of products or services between businesses, as well as between businesses and consumers.

To understand more about business commerce, you can follow these steps:

1. Research: Start by conducting research on the concept of business commerce. You can refer to textbooks, academic articles, or trusted online sources to gain insights into the topic.

2. Define Business Commerce: Understand the definition and scope of business commerce. It encompasses the various activities such as marketing, sales, distribution, supply chain management, and financial transactions that take place within the business realm.

3. Understand its components: Learn about the key components of business commerce, such as B2B (business-to-business) commerce, B2C (business-to-consumer) commerce, e-commerce (electronic commerce), and traditional commerce methods like brick-and-mortar stores.

4. Study Business Models: Explore different business models that exist in commerce, such as wholesalers, retailers, manufacturers, service providers, and intermediaries. Each model has its own characteristics, target audience, and strategies for conducting business.

5. Analyze Supply Chain: Gain an understanding of the supply chain involved in business commerce, where goods or services are produced, distributed, and delivered to the end customers. This includes sourcing of raw materials, production, logistics, inventory management, and fulfillment.

6. Explore Marketing and Sales Strategies: Delve into various marketing and sales strategies used by businesses to promote their products or services, attract customers, and generate revenue. This can include advertising, branding, pricing, promotions, and customer relationship management.

7. Consider Legal and Ethical Considerations: Acknowledge the legal and ethical aspects of business commerce, including compliance with regulations, fair trading practices, consumer protection, and corporate social responsibility.

By following these steps and building your knowledge on the subject, you can develop a comprehensive understanding of business commerce and its various components.